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NEL HYDROGEN ELECTROLYSER AS
AS
Active
Org 912185877
Heddalsvegen 11, 3674
Notodden
Manufacture of other special-purpose machinery n.e.c.
·
NACE 2899
Est. 2013 · 12 years old
155 employees
Monitor
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Norway
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Companies
/
Manufacture of other special-purpose machinery n.e.c.
/
NEL HYDROGEN ELECTROLYSER AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
0M
291M
582M
874M
1B
56M
2021
342M
2022
877M
2023
1.0B
2024
582M
2025
EBITDA
NOK millions
54M
-31M
-116M
-200M
-285M
-164M
2021
-228M
-39%
2022
-84M
+63%
2023
43M
+151%
2024
-96M
-323%
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
56 480
342 015
876 575
1 012 537
581 952
Staff expenses
−92 943
−165 896
−260 247
−324 749
−264 840
EBITDA
−163 729
−228 435
−83 520
42 918
−96 149
Depreciation & amort.
−16 687
−51 226
−57 090
−91 194
−498 913
EBIT
−180 416
−279 662
−140 609
−48 276
−595 062
Net financials
−7 116
−17 287
−39 309
−24 813
−28 576
Profit before tax
−187 532
−296 949
−179 918
−73 089
−623 637
Tax
−0
−0
−0
−0
−13 944
Net profit
−187 532
−296 949
−179 918
−73 089
−609 693
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
774 386
1 074 874
1 909 340
2 336 070
1 909 082
Equity
322 492
515 558
963 867
1 381 637
1 325 002
Long-term debt
162 190
71 310
211 699
153 689
93 667
Short-term debt
285 954
488 007
733 774
800 744
490 413
Total debt
448 144
559 317
945 473
954 433
584 080
Financial ratios
5-year trend
EBITDA margin
-16.5%
This company
15.8%
Market median
-204% vs market
2021
2025
Equity ratio
69.4%
This company
38.2%
Market median
+82% vs market
2021
2025
Return on equity
-46.0%
This company
18.4%
Market median
-350% vs market
2021
2025
Net profit margin
-104.8%
This company
8.1%
Market median
-1394% vs market
2021
2025
Asset turnover
0.30×
This company
1.12×
Market median
-73% vs market
2021
2025
Debt / equity
0.44×
This company
0.62×
Market median
+29% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
More on NEL HYDROGEN ELECTROLYSER AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
